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Cap could now be above $123 million

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The NFL’s version of the crop report is expected to be released in the days before free agency begins. And unless the NFL’s version of Clarence Beeks ends up in a gorilla suit (in a gorilla cage with a real gorilla), the NFL’s version of Duke & Duke could be shouting, “Buy! Buy!” when the market opens.

Per a source with knowledge of the situation, it’s now believed that the salary cap could exceed $123 million per team.

Not long ago, it was believed the cap would be $121 million per team. More recently, the magic number became $122 million.

Now, it’s more than $123 million.

At $123 million, that’s only a 1.9-percent increase over last year. But it’s more than anyone thought it would be. And the extra $2.4 million in 2013 can provide the foundation for a much larger guaranteed payment now, with the amount spread for cap purposes over multiple years.

Besides, with many teams fighting to get in compliance with the cap, every dollar helps.